Town of Southeast AgendaPacket Work Session/Regular Meeting 2026-06-04
Ananat LLC Part of Tax Incentive Package for 20 Fields Lane
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Description
Ananat LLC is part of a pending Putnam County IDA incentive package, slated to receive a 10-year PILOT, $243,160 in sales tax exemption, and $38,804 mortgage tax exemption for redevelopment at 20 Fields Lane.
Contract Details
Contract Amount
Sales and Use Tax Exemption: Not to exceed $243,160; Mortgage Recording Tax Exemption: Not to exceed $38,804; Real Property Tax Abatement: 10-year PILOT Agreement; Total project cost: $7,000,000
Vendor
ANANAT LLC
Agency
Town of Southeast, NY
Contract Type
OTHER
Document Date
June 4, 2026
Contract Term
10-year PILOT (2026–2036)
Renewal Date
2036-06-01
Renewal Info
Standard 10-year PILOT, with no indication of auto-renewal or extension beyond June 2036.
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